Why Are The UK’s Indie Businesses Closing Down? It’s Probably Their Own Fault
When your best coffee is bought wholesale from Illy (you know, the same brand you mull over at the concession stand when you’re stuck in some obscure train station at 8pm) or your ‘cool stylish watches’ are sourced from wholesalers in China and also sold to your neighbouring store AND about 7 other stalls on the market (have you seen how many of these places are popping up all over Camden?) then what reason do any of us have to shop with you – OTHER THAN TO COMPARE ON PRICE? When you compete on price, you’ll never win. The only winners in this situation are Illy and the rest of China. So what else can you do?An Overview of Trade Finance for Entrepreneurs
Whilst nobody would disagree that it has been extraordinary tough for business and in particular SME’s since 2008, the fact remains that the insane optimism of entrepreneurs has shone through the financial mire and many thousands of new ventures have been started and many flourished. Those entrepreneurs who take the plunge into new ventures are an inspiration for everybody and should be acknowledged as such. Equally those businesses that have survived the horrors of the last six years offer us stark lessons about how resilience, perseverance and sheer hard work can achieve remarkable things.5 Top Reasons to Be Your Own Boss
It’s estimated that over 80% of people dream of starting their own businesses, but most of them fail to do it due to fear or other reasons. If you have been pondering on the idea of quitting your 8-5 job, I’m here to tell you that being your own boss is the best thing in the world. Here are 5 of the top reasons you should be your own boss:The Four Key Stages of Delegation
Why delegation is an important skill for an entrepreneur to have in their arsenal. And an introduction to the four key stages of the delegation process.5 Best Tips on Skipping the Stress of Starting a Business in UAE
There’s nothing like being an entrepreneur and having your own wonderful business set up in Dubai, United Arab Emirates. Nevertheless, the thought of going through long approval processes and documentation makes many budding entrepreneurs skip the idea and look for a better alternative.Looking For The Best Business To Start In 2016?
The best business to start in 2016 is one that lets you to reach the largest range of prospective customers in the most cost-effective way. Let’s take a look at this type of business.Best Small Business Tips and Ideas
Deciding to start a business can be one of the most exhilarating decisions you make in your life. We are living in a world wherever everyone wants to make extra money and add to his income. Most people have achieved this by acquiring great business ideas. When one starts up a company, he must be ready to meet competition. It is important to note that you would not need to become rich or popular to succeed in business but have to think smartly. But there are a lot of moving parts and many different elements to consider.This Costs You
Like most entrepreneurs, I am constantly learning new things to expand my business and my prowess at my chosen career. I love being in groups, both leading them and participating. So much gets revealed and contributed. This week, in one of the courses I am currently in, we were on a group webinar and I heard a theme that I have seen before that is costly.Failure As Feedback – Learning From Your Mistakes
“Fail forward… ” A small business owner friend of mine who had a construction company used to say “failure is not an option.” Trust me when I tell you he failed a lot, then beat himself up about it, got angry about it and eventually way stressed out about his perceived value or lack there-of, that he is now no longer in business.Easy Steps to Develop Your Entrepreneurship Skills!
Is it really possible to teach people the skills required to become top notch entrepreneurs? Or are great entrepreneurs born and not made? That question gets asked a lot, and at a lot of different places.Look for Suppliers to Partner With Your Business
Suppliers play a very important role in the production of your products with materials and components that you need to build complete offerings. Suppliers may also have services and operations that can enhance your own operational efficiency or expose you to new channel opportunities. Wise entrepreneurs learn to look past the simple supply of components when developing supplier relationships. Instead, they establish a collaborative relationship whereby the supplier’s business interests align to support the purpose and mission of your business with your customers.Strictly For The Troubled Unicorn Chasers
With the startup fever having infected most of them with its virus, it’s getting difficult to resist the tide that is taking the world by a storm. Of course there will be side effects! You may be facing them but are unaware.